California Commissioner to Hold Hearing on Auto Insurance Groups And Premiums

May 14, 2019

  • May 14, 2019 at 2:54 pm
    jestr says:
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    They need to look at the commercial auto insurance industry too. The insurance industry and state regulations are killing the small owner-operators.

  • May 15, 2019 at 9:16 am
    Observor says:
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    These restrictions to free competition hurt most consumers in the long run. The rules might make sense if private passenger auto insurance were run as a monopolistic market, but in a free market with many choices, customers can choose the companies that provide them the best coverage at the lowest rate. If teachers are generally better drivers than the overall population, why should they have to pay higher rates to subsidize other drivers? If young women are generally better drivers should they have to subsidize young men?

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